Pudgy Penguins
Pudgy Penguins NFT Prices Soar After Announcing Physical Toys
The Pudgy Penguin non-fungible tokens (NFT) collection has had 252 ETH (around $466,000) in sales in the last 24 hours, a 370% increase from the previous day, after the project announced it would be licensing select NFTs to be made into physical toy collectibles.
Crypto Industry Looks to the UAE; Crypto’s Environmental Concerns
South Korea approves fifth cash-to-crypto exchange. Crypto-friendly regulations see industry players setting their sights on the UAE. Earth Day report on the effects of energy-intensive blockchain technology on the environment. Pudgy Penguins mystery map sends NFT sales soaring. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
DBS Makes Crypto U-Turn; China’s E-CNY Expansion
DBS makes U-turn over retail crypto trading plans. China confirms expansion of e-CNY trials, but what’s needed to really spur adoption? Experts: USD-backed stablecoins to continue dominance in the market. New owner gives Pudgy Penguins NFTs happy feet.
Pudgy Penguins NFT Collection Looks to Next Chapter With $2.5M Sale
The collection of 8,888 digital penguins has been sold to LA-based entrepreneur Luca Netz in a 750 ETH deal.
Pudgy Penguins NFT Project Ousts Founders as Mood Turns Icy
The beloved NFT project Pudgy Penguins voted out its founders Thursday after they allegedly failed to deliver on stated goals and drained the treasury of funds. Some argue the entire project should be decentralized, potentially an industry first. "The Hash" squad discusses the latest battle for control, raising governance questions surrounding NFT communities and what this means for the fate of Pudgy Penguins.
NFT Trading Surges 8X as Penguins, Apes Drive New Boom
Trading in non-fungible tokens (NFTs) is soaring to multiples of the levels seen earlier this year. Sales on OpenSea, the largest NFT marketplace, reportedly reached more than 60,000 per day over the past week, nearly eight times the peak in March.
